BusinessDay

Nigeria’s volatile power generation in 3 charts

Nigeria’s major cities are struggling with meagre power after the country’s electricity-generating infrastructure failed for the umpteenth time.

The power grid failure occurred during a period of fuel scarcity, causing the prices of Premium Motor Spirit (PMS) – petrol – and Automotive Gas Oil (AGO) – diesel – to skyrocket, putting a strain on the few resources available to businesses and households.

According to the National Bureau of Statistics (NBS), the nation’s twenty-nine power Generating Companies (GENCOs) experienced growth from 2020 to 2021.

Here are three charts that indicate the Nigerian power generation tussles

Nigeria, the largest economy in Africa, has seen instability and inconsistency in the generation of power in recent years.

Read also: Power supply: Gencos refute TCN report, says FG’s N1.6trn debt frustrating power generation

According to the NBS, quarter one of 2021 (Q1’21) recorded a better power generation with 9,718 Gigawatts hour (GWh) compared with other quarters.

However, the momentum was not maintained as the data gleaned show a steady decline towards the third quarter of 2021.

On year on year basis, the GENCOs recorded a 1.9 percent increment in power generation from the period in view.

Similarly, the energy sent out also got a boost, as over 35,654 GWh of energy was sent out in the period.

Out of the 21 GENCOs, Afam (I-V), Gerugu, Egbin, Ughelli, Shiroro, Jebba, and Okpai all maintained a steady increment from the previous year.

Meanwhile, Sapele, Kainji, Aes Barge, Afam VI, Omoku, Trans-Amadi, And Rivers IPP recorded a steady decline from 2020.

In addition, Gbarain, Azura-Edo, and Dadin Kowa sit below the table without generating or sending out any energy.

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